This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.


Installing & Configuring TWS for the Python API

In this video, we describe where to find the Trader Workstation (TWS) and IB Gateway software applications on the IBKR website for downloading and installation.

TWS and IB Gateway are standalone software applications, which offer a Python API that can be used with custom or third party trading applications.

We then discuss the settings in TWS/IB Gateway, necessary to connect an API client and those which can affect order placement. 

In case you missed the first video in this series, see Overview of TWS. For the entire course – visit

Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Disclosure: Displaying Symbols on Video

Any stock, options or futures symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

trading top